The Myth of Federal Spending From: The Washington Post | Date: April 6, 1992| Author: Rudolph A. Pyatt Jr. | Copyright 1992 The Washington Post. This material is published under license from the Washington Post.  All inquiries regarding rights should be directed to the Washington Post.Copyright information

We now know that the federal government is spending more and not less for goods and services in the Washington area. And that has a lot of people confused about what went wrong with the local economy.

It had been widely assumed, without any real basis in fact, that the local economy's sharp decline over the past year was due in large measure to a drop in federal spending. Some still subscribe to that theory, though a recent report on federal purchases in the area has effectively pu...

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